Triton Financial Group, Inc. (Marlborough)

Name: Triton Financial Group, Inc.
Address: 61 Florence Street, Marlborough, MA, 01752
Telephone: 508-480-8383

Triton Financial Group, Inc. is a large advisory firm based in Marlborough. It manages $115.8 million of regulatory assets for 832 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Massachusetts.

Triton Financial Group provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Triton Financial Group: assets under management

The assets under management (AUM) of Triton Financial Group, Inc. is $115.8 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 14% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $115.8 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $139.18 thousand each.

Triton Financial Group has custody of $115.8 million in cash and securities for 186 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 75% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Triton Financial Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Triton Financial Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Triton Financial Group is individuals with 178 clients and $58.26 million of assets under management. Among the 5 most similar advisory firms, Triton Financial Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $114.3 million for 212 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Triton Financial Group doesn't advise any private funds.

Careers at Triton Financial Group, Inc.

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Keenan Gustafson	President and chief compliance officer	1 Feb 2008	75% - 100%	2181345

Based in Marlborough

The principal office where Triton Financial Group, Inc. performs its advisory services is located at 61 Florence Street, Marlborough, MA 01752, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 508-480-8383 or by fax 508-485-8161. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at tritonfinancialgroup.com.